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Renovated Two-Family Duplex
New
For Sale
$875,000

1 Bell St, Belleville, NJ 07109

Multi-Family, 3-Three Story, Belleville Twp., NJ

Property Size4,399 SF
Lot Size0.10 Acres
Price / SF$198.91
Days on Market2

Property Features for 1 Bell St

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 6
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 3, Bedroom 5, Bathroom 3, Bathroom 1, Bedroom 6, Bedroom 4, Bathroom 2, Bedroom 2, Bedroom 1, Basement
Parking 2
Lot features Corner
Elementary school NUMBER 3
Middle school BELLEVILLE
High school BELLEVILLE
Directions Little St. to Bell St.
Standard status Active
Size 4,399 SF
Lot size 0.10 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 12965

Utilities

Heating system Hot Water(Heating), Baseboard
Water source Public

Amenities

backyard

Building Details

Year built 1911
Floors in Building 3
Number of units 2
Roof type Shingle
Architectural style Other
Listing Agency: RE/MAX PROFESSIONALS I · RE/MAX International
Listed By: ALAIN BEADE
Added: Oct 14 Last Checked: Oct 15 at 12:06PM
MLS# 4058895

Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This renovated, three-story duplex contains two residences within 4,399 square feet. Improvements were completed in 2025. One unit is vacant, and the second is occupied by a tenant. The property also includes a two-car garage, off-street parking, and a backyard.

The 0.1-acre property is in Belleville Township, Essex County, with access to Route 21, the Garden State Parkway, and NYC commuter routes. Public water serves the property. Heating is provided by baseboard and hot-water systems.

Key Highlights

  • Renovated in 2025
  • 4,399 square feet across three stories
  • Two‑unit property with one vacant residence and one tenant‑occupied residence

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$73,622
Cap Rate
8.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,472,440 $1.5M
Cap Rate 7%
$1,051,743 $1.1M
Cap Rate 9%
$818,022 $818.0K
Market Conditions
NOI Build-Up for 4,399 SF
Gross rent
$112.4K $25.56/SF
− Vacancy
−$7.3K −$1.65/SF
EGI
$105.2K $23.91/SF
− OpEx
−$31.6K −$7.17/SF
NOI
$73.6K $16.74/SF
Area
Essex County, NJ
Vacancy
6.46%
Lease Rate
$25.56 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,472,440
Cap Rate 7%
$1,051,743
Cap Rate 9%
$818,022

Alternative Uses

Best Use
Multifamily LT 5
$1.05M
$920.3K – $1.23M (±1% cap)
NOI $73,622 @ 7.0% cap · market cap 8.41%
Second Best
Apartment 5plus
$966.4K
$845.6K – $1.13M (±1% cap)
NOI $67,648 @ 7.0% cap · market cap 7.73%
Theoretical Best
Office A
$1.15M
$1.01M – $1.34M (±1% cap)
NOI $80,407 @ 7.0% cap · market cap 9.19%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Food Market Hotel & Motel (Bike/Boat/Book/etc) Store Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Single-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,061
Businesses Nearby

Demographics for 07109, NJ

38,078
Population
15,045
Households
2.5
Avg Household Size
39
Median Age
31%
College-Educated
87%
High-School Grad
3.3 sq mi
ZIP Area
11,539
Density / Sq Mi
$90,164
Median Household Income
$47,446
Median Earnings
$1,596
Median Rent
$405,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - One residence is vacant while the other is leased, with garage parking and outdoor space.
Where is this duplex located?
The property is located at 1 Bell St Belleville, NJ.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: Renovated in 2025; 4,399 square feet across three stories; Two‑unit property with one vacant residence and one tenant‑occupied residence
More about this property
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